Volvo AB

Earnings data Q1 2021

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Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

GOTHENBURG, Sweden, April 22, 2021 /PRNewswire/ -- "The first quarter of 2021 was characterized by high activity among our customers, which was reflected in good demand for both new products and services. Compared with the first quarter of 2020, our net sales increased by 3% to SEK 94.0 billion.

Volvo Group - the first quarter 2021

GÖTEBORG, Sweden, April 20, 2021 /PRNewswire/ -- With the sales start this year of three new heavy-duty all-electric models, Volvo Trucks believes the time is right for a rapid upswing in electrification of heavy road transport. This positive outlook is based on the ability of Volvo's electric trucks to meet a broad variety of transport needs.

Volvo Trucks ready to electrify a large part of goods transports

As the autonomous driving race in China heats up, Didi is rushing to expand its car fleets by picking Swedish automaker Volvo, an old partner of Uber, as its ally. Didi said on Monday it will be using the XC90 SUVs of Volvo, which has been owned by Chinese auto company Geely since 2010, for its […]

Volvo to supply Chinese ride hailing giant Didi with autonomous driving cars

Volvo will provide XC90 SUVs to DiDi to be modified and used as test vehicles.

Chinese ride-hailing giant DiDi Chuxing partners with Volvo - Roadshow

About 2,900 United Auto Workers (UAW) representing employees at Volvo Trucks North America (VTNA) struck the truck manufacturer's only North American plant in Dublin, Virginia, on Saturday for the first time since an eight-week walkout in 2008. No talks to end the walkout are expected until at least April 26, Volvo Group spokesman John Mies told FreightWaves.

Volvo Trucks hit by first UAW strike since 2008

GÖTEBORG, Sweden, April 14, 2021 /PRNewswire/ -- The Volvo Group will hold a Capital Markets Day on November 11, 2021. During the day, executive management will outline the Group's strategic direction, which is built on the pillars Perform and Transform.

Save the date for the Volvo Group Capital Markets Day on November 11, 2021

Swedish truck maker AB Volvo and steel maker SSAB have signed an agreement to produce the world's firstvehicles made of fossil-free steel, the companies said on Thursday.

Volvo, SSAB plan first fossil-free steel trucks on road to carbon neutrality

GÖTEBORG, Sweden, April 8, 2021 /PRNewswire/ -- Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production and commercialization of the world's first vehicles to be made of fossil-free steel. Volvo plans already this year to start the production of concept vehicles and components from steel made by SSAB using hydrogen.

Volvo Group and SSAB to collaborate on the world's first vehicles of fossil-free steel

Read more: A boss at Volvo's Polestar EV firm explains how the brand plans to rival Tesla's dominance in 3 key ways The company planned to eradicate all emissions stemming from production, she told Insider in an interview. This would include using renewable energy across its supply chain, and using climate-neutral and recycled materials, she said.

Volvo-owned Polestar says it's working on the world's first fully climate-neutral car, the Polestar 0

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Sony

The plan is to rebuild America to make it future-ready, while bringing more employment to people and more revenues to the government.

Bidens $2 Trillion Proposal to Overhaul Infrastructure to Boost These Industries

The Swedish giant's partnership with Aurora aims to bring autonomous solutions to the critical North American trucking market.

Volvo Has an Ambitious Autonomous Trucking Plan. Why the Stock Is Slowing

China's Zhejiang Geely Holding Group said on Wednesday its Volvo Cars would explore capital market options including a potential initial public offering and stock market listing.

Volvo Cars to review various options including IPO, Geely says

Bayerische Motoren Werke AG

Alphabet

Google, BMW, Volvo and Samsung SDI are the first global companies to have signed up to a World Wildlife Fund (WWF) call for a moratorium on deep-sea mining, the WWF said on Wednesday.

Google, BMW, Volvo, and Samsung SDI sign up to WWF call for temporary ban on deep-sea mining

Volvo AB's (OTC: VOLVF) Volvo Autonomous Solutions forged a multi-year partnership with autonomous driving company Aurora to develop on-highway autonomous trucks. The collaboration will initially focus on hub-to-hub applications for North American customers.

Volvo Collaborates With Aurora For Autonomous Truck Development

Volvo Car Group, owned by China's Zhejiang Geely Holding, and Silicon Valley driverless-car startup Aurora Innovation Inc. announced Tuesday they are partnering to bring driverless technology to North American commercial trucks. The two companies said they began discussing a partnership in early 2018, and later that year built their first Aurora-powered truck.

Volvo, driverless-car startup Aurora team up for driverless trucks

Volvo Group (OTC: VLVLY) will partner with Aurora Innovation OpCo Inc. for hub-to-hub autonomous trucks in North America, aligning with the same startup working with rival PACCAR  Inc. (NASDAQ: PCAR). The Swedish truck maker is the last major manufacturer to pick a technology partner for autonomous operations.

Volvo partners with Aurora for hub-to-hub autonomous trucking

The autonomous vehicle startup Aurora Innovation said Tuesday it has reached an agreement with Volvo to jointly develop autonomous semi trucks for North America. The partnership, which the two companies say will span several years and is through Volvo's Autonomous Solutions unit, will focus on trucks built to operate autonomously on highways between hubs for […]

Aurora and Volvo partner to bring autonomous long-haul trucks to North America

Global heavy truck manufacturers are lining up technology partners to help build out self-driving systems for long-haul freight that could see widespread commercial service well before self-driving robotaxis.

Aurora, Volvo are latest partners on self-driving heavy trucks

The companies' plan to commercialize autonomous semis that can handle highway driving without a human at the wheel comes amid a wave of trucking industry alliances.

Volvo And Aurora Partner To Commercialize Robot Big Rigs

GÖTEBORG, Sweden, March 30, 2021 /PRNewswire/ -- Volvo Autonomous Solutions has entered a strategic partnership with US-based self-driving company Aurora to jointly develop on-highway autonomous trucks. The agreement signed between Volvo Autonomous Solutions and Aurora is a long-term partnership spanning over several years.

Volvo partners with Aurora to accelerate the deployment of autonomous transport solutions

Volvo Cars will offer all its employees worldwide 24 weeks paid parental leave in a bid to support female executives and equal parenting.

Volvo's latest export: paid parental leave to help female executives

The program covers those who become parents through birth, adoption, permanent foster care and surrogates as well as non-birth parents in same-sex couples.

Volvo is set to give all employees 24 weeks of paid parental leave

GÖTEBORG, Sweden, March 24, 2021 /PRNewswire/ -- FourKites pioneered real-time supply chain visibility in 2014 and has since built the world's largest platform that helps leading brands to reduce their operating costs, improve on-time performance and create better customer relationships. The company tracks over one million shipments daily across 176 countries, with over 120 percent year-over-year growth.

Volvo Group Venture Capital invests in supply chain visibility platform

GÖTEBORG, Sweden , March 23, 2021 /PRNewswire/ -- Volvo Group's subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance.

Renault Trucks to offer an electric range for each market segment from 2023

The Swedish automaker Volvo has joined forces with the smart car tech startup ECARX to develop in-car operation software, the two companies announced on Tuesday (March 23). According to Reuters, the project — which will be headquartered in Gothenburg, Sweden — will develop software for Volvo Cars, as well as some brands under the Zhejiang […]

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